# 43763 State Highway 74, Hemet, CA 92544

> **TL;DR:** 9bd/6ba residential multi family, $1,600,000 ($331/sqft), built 1950, 4,827 sqft. Est. $6,933/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $331 |
| Bedrooms | 9 |
| Bathrooms | 5 full |
| Square Feet | 4,827 |
| Year Built | 1950 |
| Lot Size | 71,004 sqft (1.63 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,933 |
| **Total** | **$6,933** |

## Property Highlights

- Built in 1950
- 1.63 acre lot
- 4 parking spaces

## Description

### Agent Description
Exceptional Income-Producing Investment Opportunity!
Rare chance to acquire a diversified investment property consisting of five separate APNs offering immediate cash flow and future development potential. The property currently features one established commercial business, four residential homes, and one apartment unit, creating multiple income streams from a single acquisition.
Three of the APNs are improved with income-producing structures, while two additional vacant lots provide valuable upside potential for future development, expansion, or additional rental units (subject to buyer verification and local approvals).
This unique portfolio offers strong rental income, tenant diversity, and long-term appreciation potential. Whether you’re looking to expand your investment portfolio, generate consistent cash flow, or capitalize on future development opportunities, this property delivers flexibility and value.
Highlights:?• 5 Separate APNs Included?• 1 Commercial Business?• 4 Residential Homes?• 1 Apartment Unit?• Multiple Income Streams?• 2 Vacant Lots with Development Potential?• Strong Cash Flow Opportunity?• Excellent Long-Term Investment Potential
Properties with this combination of current income and future growth opportunities are rarely available. Don’t miss this exceptional investment offering.

## Location

- **Address:** 43763 State Highway 74, Hemet, CA 92544
- **County:** Riverside
- **Coordinates:** 33.743677, -117.061254
- **Google Maps:** https://www.google.com/maps?q=33.743677,-117.061254

## Listing Agent

- **Name:** Morgan Mennell
- **Brokerage:** Allison James Estates & Homes
- **Phone:** 7604485600
- **Email:** morgan@mennell.com

## Primary Photo

![43763 State Highway 74 - Primary Photo](http://lh.rdcpix.com/52b6f6e9938aaa8fed03fe975dee36f0l-f3219726002r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/43763-state-highway-74-hemet-ca-92544-26133179)*

---

**MLS#:** SW26133179 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/43763-state-highway-74-hemet-ca-92544-26133179)

---

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